U.S. global engineered materials company, Polymer Group, has raised a total of $560 million in a sale of senior secured notes. The size of the transaction has been increased from an initially planned $530 million. The bonds, which carry a coupon rate of 7.75%, will mature on Feb. 1, 2019. The joint book running managers for the sale were Citi, Morgan Stanley, Royal Bank of Canada and Barclays.

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